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Southernwood, Southernwood, East London, Eastern Cape
R 495 000
Your investment journey starts now! This versatile, move-in-ready apartment is ideal for both homeowners and investors looking to supplement their income. The lounge has been neatly and partially converted into a second bedroom which can be easily reverted back to a lounge again, offering multiple rental options. Property Features: - Neat & Well-Maintained - Spacious Bedroom with Built-in Cupboards - Lounge Partially Converted to a 2nd Bedroom with BIC - Fully Fitted Kitchen with a free-standing stove - Neatly Tiled Floors Throughout - Accessible to all amenities Rental Income Options: - Current rental income is R6 800 .00 month - Can be rented to two individuals sharing a room and or one person renting the whole room. You just make it your own, and watch monthly passive income flow in whilst your property investment appreciates over the years. Trust the process and arrange your exclusive viewing with us!
Estimated monthly repayment
R 4 674
on a R 445 500 bond over 20 years at 11.25%
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Southernwood, Southernwood, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 32% below comparable 2-bed apartments for sale in Southernwood
Based on 34 comparable listings
A market signal from comparable listings — not a formal valuation.
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